First Republic Bank Considers Sale Among Other Options: Report

Upworthy

16 Mar 2023 0 shares 1 views

First Republic Bank Considers Sale Among Other Options: Report

First Republic Bank Considers Sale Among Other Options: Report

Upworthy

Published 16 Mar 2023

San Francisco-based First Republic Bank FRC is reportedly weighing strategic options following the rout in the lending sector triggered by the collapse of Silicon Valley Bank SIVB. What Happened: First Republic, which received a “junk” rating from S&P Global Ratings and Fitch Ratings on Wednesday,…

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